Short-term bullish Bitcoin traders will be hoping the $91.1k support zone is defended to enable a recovery later this week.
Artificial intelligence (AI) and the chips that power them are advancing at a rapid pace,…
January 20, 2026, 1:00 pmAfter a positive start to the year, Bitcoin’s upside momentum has taken a noticeable correction over the past two days.
January 20, 2026, 11:54 am
Jefferies strategist Chris Wood has removed Bitcoin from his long-term model portfolio, citing quantum computing as a risk that weakens Bitcoin’s store-of-value framing for pension-style allocations.
Risk assets slide amid tariff uncertainty and rising global bond yields.
The first week of 2026 offered investors a distinctly unromantic reminder: when the macro narrative shifts from “growth and inflation” to “institutional and governance risk”, performance is no longer about whose story sounds best, but about which assets look most independent under stress.
Fewer people are selling Bitcoin, easing downward pressure on prices.
Natural gas prices surged 17.76% on Jan. 19, driven by cold forecasts across Northeast Asia and Europe, tightening liquidity in global LNG markets, and short-covering in European storage inventories sitting 15% points below the five-year average. For most crypto traders, a weather-driven commodity spike registers as irrelevant noise.
Bitcoin failed to break out from its macro trading range, according to analysis, with new BTC price targets including a return to sub-$60,000 levels.
Bitcoin consolidation phases often feel uncomfortable for traders. They test patience and conviction. However, these periods can also create opportunities for investors who follow disciplined capital management plans. Several signals suggest January could be the month when Bitcoin enters a critical consolidation phase ahead of a recovery.
Veteran trader Peter Brandt predicts Bitcoin could fall 33-37% to $58,000-$62,000 from current $92,400 levels based on a rising wedge pattern.
$90,836.00 -2.28%
$1.82T Market Cap
$40.11B Total Volume (2.21%)
$126,080 All Time High -27.95%
until new daily candle
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